The pace of growth is the strongest in two-and-a-half years, and signals "an even stronger rebound from the decline seen in the first quarter, when extreme weather battered many parts of the economy", said Chris Williamson, chief economist at Markit.
The Bureau of Economic Analysis (BEA) now believes that GDP shrank at an annualised rate of 2.1pc a year in the first three months of 2014.
The agency's estimate of the contraction – the steepest rate of decline for five years – is far shallower than a previous approximation of -2.9pc.
"The impressive gain in the second quarter looks to be far more than just a weather-related upturn," said Mr Williamson. "Survey data in particular indicate that strong growth has persisted throughout the third quarter".
This final second quarter growth estimate faced a "wildcard", according to HSBC analysts.
The BEA, which publishes the data, had to adjust its estimates of consumer spending for the final release, based on a survey conducted by the Census Bureau.
That data capture revenues from service providers including hospitals, physicians, public transportation systems, and performing arts companies
Second quarter survey statistics showed that retail consumer spending could be revised up as much as one percentage point, from a previous estimate of 2.5pc.
HSBC expected the BEA to upwardly revise its estimate to 4.7pc accordingly.
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